SubPrime Mortgage Mess Explained (with voice) financial crisis 2008 explained

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SubPrime Mortgage Mess Explained (with voice)

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SubPrime Mortgage Mess Explained (with voice)
financial crisis 2008 explained
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21 thoughts on “SubPrime Mortgage Mess Explained (with voice) financial crisis 2008 explained”

  1. HAHAHAJAJ SO FUKIN GREAT, just one question if anybody from the US can explain, how do banks refinance if home prices go up? In argentina we do not have that method

    Reply
  2. ASIA FOR THE ASIANS, AFRICA FOR THE AFRICANS, WHITE COUNTRIES FOR EVERYBODY!
    The words “immigration”, “tolerance” and “assimilation” are being used to PROMOTE a program of geNOcide against White children.

    According to International Law, open borders, FORCED integration, and assimilation is GENOCIDE.
    Except they don’t call it GENOCIDE when it’s done to White children.
    Then they call it “multiculturalism”
    STOP WHITE GENOCIDE!
    Anti-racist is a codeword for anti-White
    /watch?v=203-BKE5MgU

    Reply
  3. Like this just starts with "housing prices always going up" it doesnt go into that because of fed and gov policies is how we got that situation. That being said the consumer did still screw up because well…it just kinda defies common sense lol

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  4. Very good, though of course this starts with the consumer…who just says "oh I wanna super huge house yay" kinda neglects that because of the housing bubble (which is thanks to Fed and government policy) it created the environment where it was encouraged to buy buy buy! Sink all your life in that house! No chance to pay, no worry!
    Before the 90s this never happened. But this lunacy was encouraged.
    That said vid does explain all the rest well, wish more could see it!

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  5. You forgot (on purpose?), Andrew Cuomo HUD Secretary Clinton Admin (starting with ACCUBank in Texas–2.1 billion dollars in crap loans) forcing the banks to lend to unqualified borrowers or force the banks to close or fined out of business…how come you left that one little, small, huge gigantic, mammoth information out of this video? And also, Obama saying subprime lending was a good idea! Are you anti bank? or just anti truth?

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  6. Perfecto! The best and most accurately concise (and not to mention — politically incorrect) explanation of the '08 financial meltdown i've ever seen.

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  7. @tiki2188 I think it had more to do with shadow banking (non-depository independent banks) that largely took hold in the late 90's and by 2008 had almost equalled the liquidity of regular commercial banks. But you are right, the CRA did encourage banks to loan to risky people.

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